Nu Holdings Ltd.Long
NU Long Breakout
Updated
Long Idea.
Over the last year,NU has been consolidating between 4 - 5, and has recently reclaimed the 200D. Along the way, a trend of increasing volume with price increases and volume decreases with price decreases implies that dips are getting bought, which seems bullish.
Based on market profiles, poor highs seemed to get cleaned up and revisited, implying that there is interest in going higher.
Buy targets: 4.5 / 4.4 / 4.3
Profit targets: 4.9 / 5.1 / 5.3 / 5.6
Trade is invalidated with price < 4.
Over the last year,
NU has been consolidating between 4 - 5, and has recently reclaimed the 200D. Along the way, a trend of increasing volume with price increases and volume decreases with price decreases implies that dips are getting bought, which seems bullish.Based on market profiles, poor highs seemed to get cleaned up and revisited, implying that there is interest in going higher.
Buy targets: 4.5 / 4.4 / 4.3
Profit targets: 4.9 / 5.1 / 5.3 / 5.6
Trade is invalidated with price < 4.
Trade active
BOT .NU230519C5.5 @ 0.09No stop.
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